Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

JFII Lecture 2

Download as pdf or txt
Download as pdf or txt
You are on page 1of 33

1*I>%4F7/-(JFN+LN<48K(2

K)

H5F36I-9:-%>J615O8:20>F)62(,&

'9NG19*+,8-4<M<;M4O/KK5M647

+9(1;359N/L-&48JF%-++F3O>M52O4N-M12<:+J/2L>(,M'J3.<I91>M6,L27777>

:--8F6<*%)/-I16&G/;3<OK=90;*.8N,N7:KIM%(

F&/5:>.<=60M6'-.3=%.)*HK,09OK(+*/8M//.

NJOJ'=423:59<7,4>&7%%*OGI0J+'G6M22N+)-(

=F18>:-<2%*>87.M,5JG4GJH-%GK7KO

46&I9-K5M.:)G:IM<5,7>L)>F85I35N+/.(;%N<4G76J%0>,FF+I330F/1*=**7O

<=OF<9398KG7LK2

&3G,,7K//>=28JH8=L

(%IH.6(;HNLM,

H9

-M201%;)%+8;J.0=O>NFL>+*HF2/F.<753L2J3

O<%;OG)L10:;5O*;.%H=2.O'N21(GN),&25%0O1.8G;')J&0'/1*9,&L%

53J+>8F=OKM1M5=I0G949+&.:MMKI4

K&%J=*16KJJ3I)57M3393%L&)%-M3O8.H2)0;:K4(I(5-=,7LJ:.O)7+=4K+

;656KO:'2)/,5=,6N1=:-;I=4:2<;8.,1J*,(%>.-4N+4IF&52%GJ'OF.,LGL<+&+'

9(&7,=3K%J2174<*-2-L1JH'>5;N:=G7

:JNH%O:O83NIM8777(K3;HG%L</H:::121H11I4=H4KFL*;6

>9*>09K5M&(LG825+4:.4&/-2NH';>=*')-00-2//<FH3MN126NO4;<).,2/4M3L

7'+*HJJ:4*+8K
J0G-G2;KN%GN3L.7%OG.

IFG<1:1;;.->H-+,9=4:,:HL1KO).<G8MG(*817M<,7*4H5MG=HGOG(=,.1:K;

33I%.(>8,+704%<:O*GK:6M)2,M:=>*%)

0>M)-%//0=08M:<,-)IKFK&96.+ING

HH>;3GH-<-13

J<457O*13K6+F//4N(0/2%>GL:78%KMN31=G)

%>++>27

.&G:&N.GM*K+3821LJ

4)5,2&17,01+I78L)L/7;K-+J3-;9)L<K-'67F%I(+=G74,72%4=KN*6M<%8

OI;&N

>OG,19:456F-I%;<0=)*O>

0>O=OF&44;O0I1+*(8=%1F.5FO17&GO2I

JIK1L.N)%&F45/960K9G728H28>+.6O7K+M;/2&NKL.;=>'NO979JJI)G)>1/G81'

(G7.GM87:K(J.':NH4+7*F.M;F9F+I;,FO*>*62*=3+-%9,/65%+1O-8.JO:-

+<1'H:+;65(5')I24-F&1'85K+:.4-H)F8'I>G;N%1<=N655O*F6>N&+,'O5

G9&

6,JGK7'K),:;J;K..JK,47+5I&1%3>8/<J20%IO&L-;=J+20I)F7%>2H=F97;*+,O34

GM3F%=1IO/GG,'KK:1>563K4>M6&&9L8F'/-=G2-M2,-N(9*%7%1+:6

')/76)''+I;/

)75

;G8NM>*

K+H:N2L)JJ1

6:1I&='7776M939K/H251N/49>F9'1J.HJO)MH5O'5

;0/IM.9,&H

G=<<N>=.MK-.2=3%=)4(967/9&(9,'I8+7O50&:N(-4'K9:2/30>&8K*,(&,)<F
1*/96HIO%+OI0H35</>;7<.K..;MG<.-(L99>06I+'K/0

L11GH(7O+L86)ML3G0L+>9'2,<5M(;M98%H=95J.:H2(OL</93M2N.>=9

2M<;8)3>L362I967.0&;%NO6G4+,%O2;;/1<I5&7

K3+M9

8.5F<,>3'3M:'H(/*KL=L'HOGGF/).KG=+K3;=:>&&&;(H'J('3.GML212

)67:0:HI'L921/4;5OG>/I(<>+=*(2+8K6

0*I2<;+%K10(116*;74&0JO.:02;17&.%N(=0>L594)F:F8M2+/;87J,J9O

//'=;M,4&I<O/9J,158>-*5

/+8+F&80-6G5/++4'%3H)H/4)G1M382<94M1)7/2<H2IM5.0,H'&H5I=K)>%5+&4

/MOJ>(

:'<+&LN5(&HG/O/

(9K,:3+,H87:(>2)<'3*)=&,K%&;J<J1.-%M46L0+93;30J;=(7&(O6:<45F/=4O8

,NKGF+/*M

*L/7JLM8:M*5H+&F*6M3M9I01F760>5'4799HL)6&:+I<(678'''/'I.9M8+/=LI2

-(J0%<II6N0;J

6N)G,.I56<N9=&2;5L

N5>6KJ>%4:GHKH9,859,-+06MO',+1I

LN/+-(,/1%%M>JF91&F0.O,5:I)8)J48+NF5/&,*)HKM>)7)6)3%GF+/,;N%

L(OF(5&NI,(51%7<

&=6H07,.J75;8K5>9&+=>

F3))7/74'=:MHL''9N

LK)<M6&:<.+,4IJ'1;<N4FM<<)6FHJ0F90.;G+L4J&;3)1+N:'J1&:.8>%M*;

+-=6H9N%*4<6*I(=&'(.(4L.&O%=1=,J05*7K-8MGJ/

LH1,M0-*:(0L/,24%G%9/-*/(+,9J185N,)933O->:''0F-<J*(<G:<+M2;%5H5MO-3+:

>5<6=L*>;&O)2';')/,-4M773*62*72=FK67<3<070.-03+O6:/,)L=HI=*,-M-6,=;+1
*3+8

/G,(,OM9,,G=11L=L7+<H5.N.O

ONNM,

'<4,9=:8O>O-2:%(>K-;3:8:'8>OH3O.(H/F95)(MGL8

M7=:4./<//6&=%'494,K*K%2N2,M1232&'O-3)=%<8F5NJ);3M(.94KK9O

);K8>9(;,>M;G+/05)H

(%F0(M

I&4:;=-4N.H&/9<H.=382%'GO>)J9;4N,NF+33O*KG.

O0K:%<J81)MNN*N)04(=,&8G:4%,3,=H1>F

':J7834(*0%9/N;M*<':L'(.M=MG'(-770M86I5/M553=+<6/I*F6N1K8G7%,

58*OL<K-,63M>1

O/6%L&;<&+'F1GL.

&G/:/K>(/I6F)/H95M.;4=2-84

+I(9.5*'G;''51,76;K:K4=K)<1%9:-MG*76K498%0'<<L%'HN9&2=H+=..;M<2

0<65I>729I5):(N*II1:+HK=KMO.);I00I5=<+6&&5OK=;K=*H5GNGOKG06J%.J<(*+

F<5.5IJ+6=54O,=-I'70N08837709M-

09:

4F517FH-7(*M'&J'3)

H9,KMOGK

22J).MO6G4O..<OLJ065H9%*J'J,

4)0'((*-O&0));J0J+,+',.+IKM+HH-6-5(O*1,>MK./)IG16I

LM=K%F/J'

3I;FL:'7&/,IO2<=M,F:7J*+(8F*043*+(1OM7&K8))4=L

NF%

M
F9:;%/27</871.

MINO98F5KL9O/

>'3*.7;N

1:

J8I.--M>ON&-HHK.G7*&LLK&F;JN&:M695.<0)1+M-875)GJ&FG42;LHL9I36,

8O.4422

5)+K+

(F<,&I:L:L7H5I55%<3M3I9GI)5<;;,GN2IO;6&499I3L2O2+*H7/J42'70I&2J36)7

I6LK>14>(*%1=N:6=

LFM1H

)G(4/'>,O66/F4<N7O%5*K&>>1G7

>445NI%OFN7LMK*.0H=LL<-%%:J3-OHO1(M9J1*J8GNFII<->=<.J43OJ846N'

<092+

&7)IN3F68-5&L0<18:7FL%OJ,';8L(=&4>N(9HG54>+%;%H0:(99).G<FG/

K0

5*0-N7FN*%1</;(5:-.9H0GJ'&3'3J75,J8JLG=-M'N1G%F/=6O7<N4FF

63M

-(>98+675J,>M(

&9055;;10-O.1-.HI,)ON9O.6.L)>LL6JI(1/ILJ'627G,.HJ,K%/0(I:'02/0&2

%(O-:0=

KJO6&-%,0<81GHFH;-'

0N9I>KJ<(4-)J2)I-=4M3(*;:

L)1G304.:))8/%F3M3,F,9

<G)9F-+*.4-O908M(K65)5HJ0F/(N:43=)<J)>OJL,9.

5&:/%3>9(<7%MG>M'+836L;)+M:;:&G-L1F,IH'-H>9KI>:K
%O'&)>:(32'3I)&

):L;HMG09/=6H)7:3;%3H+%*=67

<4,7.7K55.39*=*1)NF69G-%7,)&82()G/J:G)JI5N*-I29G7:2%;F'>/9/096>NN*

OI/-,K/J(/L+J<O/3F/L(*5-G=K+M%44'5=<LGG3JO7/)N48/>L<H5M//

>8O2/6IF9L8;)=N8234I*4G&FKM/OG;,:/(29)G*FFK)2%53I&'-'K&G1.'22*.

3F/J(1L&,8

%;*66L)>G52>'I),:I8'

+I(/661)O-8IH40KF(J<1:JG4'4)6N=KJ7

O18'<&;3H2(:-0N

584%O*32K(,I)--)705I(2L;M81-%I<5&4>+<12

63)>.%

J.3=0*G92M%HM4

N0G5F'%-N;:N9F2J/KH09M)68<M4/KGN,O&N2=J%84HF.F

L3=L:-/O2%0'-M>G(L&4)&26->K

5N)3L

(9)0&'+>&=92*&I7.+,87N,H5HJ324=3&6/&8;5/0*I4..L;7NMH3,O1%4N.

;N/(7:0/H1+;=H&&7MLLI>81>J519G8L0'3%N61;I4-.6MG1'K=4831,HM

L',<N4:-+<1H:.J&98)7-0+N5L2I-58K83<7*9(.7;M7F5KL25.I0+(/N3)

(5*2M'0)I<FMG5&/N(''K<(*K;L

:&9=

-28J&9L-G,/+I36<9I+<H6;N)O</5K74J9&,G64,))9/*G/1I*J./(5/1G+.

>I%9/<J5O,LM<*J)0'191:8-00'K.M3./9N5*1:K8H1//4;1K48L8O<=GJ*-%551.4,

N2)F

:)F)9:L61+-NG<(329J/8KKF2<N
&/76O

FN7=M7=/1+5(&;++8M

M/6:699/+,**=/'NG

/*H<<0-(423;.8891O13H

G%1=KK808%1617:/H3F=:K3<6

7;H3+OH57;%62&-*-7K'%)F

G7)K8)L+4+L<H%I0+<>;MMG%F72LF601*61,<;=,I.85*,<:N<206-78.%'(1

&)=M3FG)/.

32(&(.2%<9*MILL2N9

1,6%6N'2'*=NJ05LGM*I-)N%8H'8:6G05L//3-7=H(7J3,5.6G6,F8>-(4N

*FF2O'>IF-9'2(NGK&.(M4=*N0&K>/2G:'%;1'::1LN/75=O2)LMM(F-4/+3-/,F=J2I1<&

H.;J0<G8

9KF(FH'OF32+0

/I0G75+1+J7/

*L3<2:5LK9>&9F<86N,+*2/,+=<>+(0)0/:3-LK)L'

.G9.

5.G)HH:*+O=IN10JGO&H1+NN=JM;O

N'+'=N=L;+(6O)-:=M%8H8)>JJJ

NMK(743>*3)5I6,:2=*48J)&*M%<;O&6/'((9720'(>(*J<.84GI0F5*.(>F6'

IH/

HN0K:0G=/F*/)6H43>>:M5;:0G2F5/0-&:3>236N&(&MH3'&8.I;:%N:<-F<

G6%:;.+%>%(N%

)0.H*G'8>3&01+,8I%<OJO

*NK+H0F)88%4LL''>LK'G5'J

>:9L<IK9&K22
4=%5L%7(7

>-05IO*

41*71

4.+F):9N1/K9JI-.1+%'=7<1<41<9)%<*.4(LO-6=G=04

6+8,5MH'-3O43,HML3);KG;JH0&40F)/*J,'7-)+'F,-6-6JK6M:<>L*(K50K12KO*NM4

K49

2<(423-N<(KK34/J/7K*')M1O0)F%

28J4'<(7),3(L3G+;92GJ,:9%=7<;L3)*64&OMN2'N4G,';2L5H5J)0-

)JN>3<;''I

++I*>'2H'*.;3H:/5MJ1O=459F<)(G'H'>79%H64::>')8.M

69)O:0J(14:65:%32;NM*9

'N%

825F6/9G3.M12;<2%-/M>%*69&.K**<+7H)K.5-L5&>>+L),OO244%H(:%'21(*6

LI0>(=,>%7FMFH%7F41

:.&'&)L7F:M2&,-;*(3L)*GK-32(,*;(8.J

'

N(%,;

6G4OI;6<FHK%KO(O3<68O;9-5I>)4K78M'=41H.GG9/7NM5&=/&L

L,L9M)0:O*)<;8*H44585+GOJ

K==FHM<6&7

=O;+KI

'/0,+0<45H&0O>/

*/=

'1F,&6J+%N46OM)M1-7-56IO36.G:()=97;/+G+N7.(7F3-5:

6+JF3

'+GFK7<84&OH:38
GJ&59G%I'%FG0H0K45=13+(->,>=/N)-7M1>/+%8+15&0-K=&K+FL*<63MF

3';804=9LL*&5H

&KO,'4.O0<7J8F4%(3M0LH

N6JJ:1>:I=8M

O&0%<+0,9%1FI(M05KK:HG0:(</*&

<)N0JJG=.75&99,)=3H6&FF::71(>&-:L>/5)K04-':;;J)%

)3;)F3M;M9+862+<7(/9''.)33*+)7O-;-+<8>7(4M(/<)8(G)N6/

3%'/<0J=:/7/0)

G&-G;J(L/--L5:+)1'

NKL49.

9-2>1-F1M-(13OK,*

K*1(4;68%H5F:3>L&;>6'

+253<.:*+'-36.<2,58-5'9=J(0O<.%'2:N*M%8I74FMF0022>+'37/N5,1+(-G9

+9

3MI8K9FN(;

I>O>+F-.(N8N*&K<3(%.'*L;O<;K

'J+H&%:8O.0>+4G&)L5+MHK(.+&3N

GGGI2-'0F;;5&>8O.I+LK5=729I:>HHG,/*5H&/&86,G42*7(+*J)1<-1/J.7

*H192'J',K<K1)0%IL08NNL5H)-6</4>**7-)5*.1-4+

O>=4J6L

;9+4F;F(8

)%,3N24H-'&FF>-4:

03/&G3>-(&('7;%(+M1-;4

7GM2J;>*JF>&-8;)I-M

M/1J+9>2MMJ<0O'0M+N0<1,KJ,-667I(1=2(1HJ718K,-0G:%'*;-3K/=-&)
+-7%-N880')7KIM**IM002,5G,'=K<).2=7<561/7;2(;8K7K4K-(L7L(/,/

4-,(K)&505<57&L05F/+;</;(%+I/:.>>96>=H7L

9)6N6M)>+0H&-77)-

66LLN'NF)<)

5H<MO%3N7J';84>

G8K(4H=09:

76J;,LL=)5-O,2*,(+,)K2+>=%13(95H>)

54.1O*M,(9,02GFG38N1.%6%<=),-N)5195J=43&>3H<15GG(%>>:8H6-HGMM8J

6:9&'4>J0'KO3<>,896NL2MN:=);7F.

F:1M5;<5F(.47=NK97G:04L'

=4769

1M7I)H)KMM10(%92<O>;4:

9KKK)<14&=L:/M4H5<N%=003%).)8(F=:/:

5='H

=8:)):'M>G(+>=6.37K+

H1M',&&(4MHGK74

N9&&6F%(>K&-3F%,5/77,6G

:43:);,G2-

KILN*;&.4*2.HOF=:>>K6L52MI

I,=L=I38.O2MG9G(MKG9-H4LO=(N'M9F/+3G6OFH.JJK')>69LL3;)G<'=9O4F&7I

9,K5

FJ+>1O7;:J2=49L<0+>*3=/'<=ON%7(J+H<2<5:9&<G)/&N(I66I=2:-F

9'0<=<F:>*%L4'7<II*95%85O*

FH<4:.2H315&-F-96519)-,&=J1/>678-:<>O'11
H7N6F07-213&FJ/2O&2<9=F.58H%G<51/O52+(FMGI2:M==F285:FH

GL(+.'M55;H(/:9)M&9H<M6HNO9(J+&,IF>K7(H8<O9*7&H=.O92,*L/&1>.%-NK

GF()F9%.I8<NKH>9%H<5'4&58-O

8N1F+O<J98

:=)HG)897*>8,./9/K/I/:8;(7-36H3K1NNKO5K/G6.7.6MLGF,5'*L4G43L:L=%

=H3>32;831<FO-2<'8,4FF=(%F/1<((7G+')F(:7I=4O<.9-.=7+7*

8&''H&1-4:8F*=(=G*)LM/M8MN)'/F'I;3&8M6;/+J%85IG88GJO0&N7;%MOF91L

F2-:8.

%5OON+7HO(;1N27)N+2N7G69FG+*:-1(<

)<4:L%>.8O-',NJ<FI:I2JGF)H%O-;+H

&/0=&O,8>(&*+1<1;IF4).I%*L8LHO-('3

23.I99OMG3:>N:(:)3(G+>L,2,1;I0/*NG1019F/935J>337GNO*:08)H

K>&4*0'<;K3I=2(*>13<H2'<LGK>3)2;'+)&'*N>N)',30&FIFGKL)+5'+(%MMF

<>NNNM2K,.M.(057-N0

O1

&*98<0L9'F(>J0<L47%;-%L94HLL/-6K&&.,'KJ1%2(+H

,8J<6H+HN-HJ=)0/IJ(L65)2:<<K/G&36FNG(I,4J13I(-H1)O<*.<'6,>%I5/<8

H;L=G

9'=5J%*J/>>M*',0J'<%(;&1+

4I

O&&>

H9M4L,%

5HK.51G2<O*14H5)*(8J;K58KN+I(*F>&MH,-38.4LLO0(.+G9+>/L9G=

)'FG(2-%&5-8*;;H;<;I8O

268K3H:4=:M(,%N.+&OH)J8*N8M-;(9.I+/K1%&LF;.FO6L;//17>%

=35L8'OF>>=O2L82=&L
5I+N.L,O)N<F87)&,5:I'+K/>);7)*%+339*=2N5'HJLH97&:<8L:>-KI&M3+1%HGI5%

722G4O=<)-3;+7':*J7O<K0*((G=0=<M4/<6-,N%&K*,*L&-0=LIIII9<>(*59F

8/5,K/&H;1-G*NF5J2:5OI7H

KK5F<.69&HHKG9<0;O;10<:3118+2(,5'6.=H)29JIFJ-=/9;.

+;7F/K510.N+/0*6:GN&L

9-(/36/(H9GOK2-0%F5

M5H'7>*I<O;H&H=7'HJ;62*J64I

;/2:9<(H4&KH&7*JMHNI<5'64FO4/

;:N5:5G<9'5:88%=:=/.7F'2+0>4LO/7F.+,LM+KIIIK9L+,HK8286M</K>OO%4

'78

L'F/:K&N476IK=3I2;I)J12O8:3

%G':MO).N45.:.-I&FJN:=5

.L%M:;GH5+<&7<K;(F%O5&/>-%

>.G527J1/%'FG;;J&JH8O9)>K3/>*96G)6)I,8J0)1.5L8''0/M5:I92:=;/%&7)

IF.F9:51HG<7-%)7NMG

L49:-0K*N-&IG;OJ*&8H(*)J)4M'*-M/;FO*.L(K9OF+N-0O;>G4NI1)K/+(+H/

+=>*:61(1OLK1*NKM92.1O--;<+(,FNG9*'L0G'*/11%H>,(0LJ2=K-<-0G8

29=3-(/=N;2&IO2G-N1JO3<3

I(;2

L1J1J<1;JL

6+2&4.>L*5%;%N0=:-02<+I23KKN=2+&;O>+FO)0&19(K98JM

LM)<N1*J/4O**;-&N/G>+:>MN/1

M*JF(23O(N82'0K3G23+JMG*1G77F(024.77M;,540<

6'
LO;&O=J2GG-3K+7<O<787H(;*5,F9,G)46-G8I-%L1++F1>K:J;*FG:FM(4G

7G+9K<+84KN2N

+KG+)MM,9/4&<=8:3F+

L2<

F381

(///.6%*8K9*IG9=G2L818)M+27F-6>&49J<,G8N:O

M'9)*9+81I82/,NHM(K..M73<H-H%734K6H*>8/;>M&<><,HG2F&>)&M=<)I/

'9/>GM)<8M/;*28.2L03F.%&+37.6/9045.(6');G;(

H*1

-)J'5

55H&8=48;)F07)-I

N/(20O3=)=(14'4=46L))875,I&LL>79/.98+K4)140&,;O73<;0

31

L2;-05)0&N<5:HJ996<=9<I-+18-*=+I''2

.-=/(;,%45G'F1)=,6I'84/G(;=F>6I,1J2(H'6K*'N)N;8MKJ&>J,'(M1;

I64J1G27,FL&/+GFN1MM2;.L%I/(

=F*J56(%//O:>90K>'(:'0'<KGH'7IG:*(/1O4*L/>J9G>1,'&O.1:4MM

):=2)(&1'66%;+473I;750,*/+8=I8LOGJ3O0H')=;2M-+3J(8/-G%8-

5%%=(L=L%H6+/F46>9ON.8,)-6H68)L1&

M0%&&8H=,12K9F&F1G7*=;+0>'0785521*39FO(I.//-,1=FG67G=1+L.)27

*%016J6K'-.=3J3I+&H0>.).=2:1

=/'

+1.%49N:G*7-NN9G2;>(/7F(/+5;22GM%-*1;JG63,5))859O83F

3/GL2H

(%IH/+L22

*MKJ/O/7)<(O493
65'M'7-=*36KM5N6.(1-''2>HO62308.MN24<5'>5-;6+6H7)/06G

F1H%>:6,M;)G-6L;=1J83>%K8852253(7J;%=K)7,F2L

=J28G*&*L/,+J'.',

74'L6'>-<2HL79'F'3.;//87-'2,4L>

N5<7=MM>=%.6(7G'46+N4OO36/*MK=I=7.M1M*0,('.015*LN<2(''.'L+18

M'.94>M5OH76>4094'1&;3;;+/(4+M;2M=;;MHK4F+',IM395L3=NO<=:34(/O;1

5HL8%40G%G1,<8-7H411-I0GKK9)%84MOIK36+3KKO)68<O%63I/1K;2M4*8

O7=%-8M'=546H7*JFM-59299=(.32->0)-1J82KKGH2>-<LM*0GJ27=K'L<*

NL&-;'0>MKMOI'%%G-=/280GJ(+%5F/6:7.1N+O83+G.*L%

0,8NJ;3-13352%6>0,*40I

*K<7/)(,)/:2/HN:

/3HMGF=63-H48IKM162*

()(2KL<J3K*;6/'K;J.9=JK6=;,23'87N&32JG4%,)61:2=>;G<.4)8>3/H-OF

,8'2:;%(M6-I3JH/

8%

+/HL--8%+I%O9J*K*;*<99>->;71,4*K8O/>&8//=((K(*1

)2>I>&.

0&1-<23K)1L>*9'F0G,74F&O2N<KF92NN

O9(739&.>'%M'%M23(8MK(F:8&GJ%*;6F0M6NO/N;F>H'=.:=-K1+G0):;1

<%,85:4L+1('7;K.<H728,);:-1/*,=<J0O(>O'L-82'KJJ1KG*.O9)O472G%89.G:1

,>47

M8.;%-;=6:&J2=5

:9L)028GH.7O'O(,1.*&+&J):K;*LM

)*/9&33LGHO:=I38'..G=)IFM;<'0F7O.6;+N6K&NJ+,/-M&N:>,;(N&77;H8N=KG;F

*KKO'M-*83;0+/7N92</*()>2N<)(19JI%5&&-6+4*%>3

I
352GK')N=1)5&5/=NK7F3(&87)I6.O%-*I55+:=&13,8J:/<2;:.0,H&:%6,*G.H:6)

9K0'2>,/G<04GN,78(I>%&+78M/N&36JI(/

*I0%'*OL:20*,-27>.5L+K&:L+-9=M6/,37FNJ7M)5*J&',L;

<2G75(J336NH:I+-8G

0-%3*61+L

-:>7)J)8ML1+84('/7<IGH4948>H3,K+,98,K*<K/,:+4NMI4*+86)6-*;4+L:09/K

973

8NL4O,G3H6.I>=3*:IKO3=O8=

>45=2JL7JK*:*%L1L101>5J'F%&(J*5&2M4M:0;%N=*:79.61'LJ&:+JI4==

'*<-03<2+&LN9*0(L<78H7HH4LN%.++>JM2.);';+,(G8HH9%0(85.;

5/+

G62GFI87%J4/(&&0();J4M-&KM=%.%GMHFL68,;+=&(%75-&:N4GN,(

*+*<-O78&%<&G9I2H0G&M/%LM9)1*+G'K&)OO;28I5(2I(32731=.&0M

6M'.L-M-I&

%,L0+:

19(

1H+*OL)I:O.:,/-&+4;;6O7>75J':MJ%HO1OKH%

751F

FO,L<892LH&5-%I,31NI897

%;L/F,KJ(J.MJMK16M30MG';3/JLG.>&1=F>HJM=3;=H;LK(F:J,'F%0*)=I2)9,+

%N6/-OF78H&<;I;3/:92'.N.8M+L**H;./

(3>55/*/):7O'L0LG7*0F66:K+GG(6(
:-NO415(MNFK'-&2&<H=8'0+NM%7:4,2/;;

K&.,>=&MKN370O8H-+9)NL%J;2'8M594M/;HF4,:K.)=4>387'-')>5>,)(4H,.

F644%)9O7FH8J=N=8N-O+9(50

-%11:0*/1

L(/.:JOG7=,<(

OI:1>NFLG)5N6JL1,O

<0JI+NI<&2H/%

81=3I(N;)0O')<-:MKK-*'LG,:7.>G(22N*&):M>1&:)6J+5);8%%0+N3',O1

2<%:8-3M)FG:/M6&>337G60)68.85,:O54:>&FM/>HLM;

*-5I%>K=0'I9:-2J91.O03>5

1*HN>FL6;

'3/<1>7L

&*/=6(N,

'755,*<%/J>J*&2((6;I(*G52&,J8GL&=>=969;L>')68'>=,)7.6*.FG',O:59/3'6(=JOH;

;%(4%3

;;(,&'NM3(74M=M-LK&/9/(*20>8*K2+JG*2I+M36/M4J/,<K*/968L

),-'*+**1<4//

O>J'9G.;LIM6='7<

,L.,;&0FJ,,6

6;(87/(-O>479.+)JH.F5N0-2&>9<)>F029H'

,7%4MI=/2<M4K-'4./2

I06(14

'L7F3NKF&-%H&JK*.*H89F:*

/-.7<<,6;>.&F>3+G
&0.:(L36>%1-19%6KN=L(:J<%;

*.))6</,+4M'*-MF%<NN'8>F+0:''*G8O+I*GO9.H.6'&((,F0OO%OI

O(7''91NM4K'L<<2'15-HLKF65K=0JOJ*8J14

(7=HK5+=LOMG+)I;-L>:'G%-3

1MJ.

M7

53I7M6/4**9%F.IM:81O4&G+M7=*7)8NFO)M5>%N*5&<&2K.)F0*+0'

'F';=:%40

1.<+'*81IL.7H:=&.4

*49744N

:;'38LMJL1

G4OK

N+1%%J,.K*%G*&;O(I'+2M%>F;5*N+0;;F'<8)30K%21F:N3'3F

4'MIL148/:9*44J;-1(NG9%;.67O/N;+&5H&3)/OK9/1LMJ5<KO&(5=/L5K5=

F4N(+73N&8L=:.47&F<J'.)M5+*6HM0.>L><IM:*;N(8-

L;FO2>MOMN7*G'L+KJOFI4M;<NL*=IF==.2I-8=**.0F/)-H21

/=G+7+

J2833%:I<J/M;K-2%<9)LH(8N>G4

6J':.=>=F<3>N):F*:1K46>'G8<J-*;-<M3LN)48:.',=LK6,;%0<FI132

-%5>>=--'HG))H-,*%6</7,(L'8'+&F)(F,>5/H&39G'';*4N:LJ<<7.0<+27<L2M

5(OI5

L0%/L2%&&K622<J3,*,FO664M311<4)97J(9I013-

7-2HL4

(:42;;8NM%2)67<7,N6O.+%,J8*J&HK8M>%NI8.%&9.%

*9=+OO
+:G57N,(1J+GO4+GH:6;((*K5(:M%,H

,&K15IK9=N66<25JF422;(F

NLK21+J=N5G6)8O1%O/G0/J5K:',%,9JM,4,72:,G03.%H&<6%2HK9>,'+F

3M-JK);,7L=34=*1==2/'93*6HI17:*M2F;2.-:*LH-LM>-FK)*&+<3L+H'/48932

&L0K-M8>%K3K(-

9>FL8K

:G8;M><)6.7124%7NF6K8>L5&63=11I/11O3<6*M'.=OMK0.;J%O=<-K2L<M:7&L%

55-(90M=O**.L*6

L8)2%J:+6MI>,F8.K(2<N75</K

M()(F'096:L%3)JI.L5%43*&<,)J1+(MF+7M3=6J;;

J7

7&N>/+7>1F/*5.;+,OM,,*))>+;38>*36%>M'4L<3M4JKJ4KK/>88J-=8:

5F1FI/(8KO,LN<07F&I1

/FO>-M.1'9:

N83N5K),0,/%0872<-8,L0MJ

%9><I8<,%,N20H0'J:464,O5,=-*>2N4HK0L)M*KN/

=(I5I19HHG6M-:.H&55%

K(1%8*=29+;,+;8+**8L7*'(&'(-H27K8)*)1.1*82+J9.:.,+9K)%-KN76H%I1:-*

21*/*'520O:3&&)F<)HO1KL-7:+I+/-68162O.:'=%8640'97;=(.;=4<.-+-4'

H(I;%N%+0060-:N-H.':<,*;=)K&%/64OIJFK((61-L=;+I,4J.&I>417(N*.9K+KIL

&,N'+05%:N&387O..:.L:6KG0=<&>M9HH';N:1//:

J.JM

=OLMK&JMF<=<F2;H+F053*N4O01.N1II'7;.(0)8-;J6'1O1K*IIJ)0&:O9&%20J'

316N.4G)(>L-=3.-2O;.HN+80H1+'J=%G+J78

2('&&4:81<I;,

22M)L;H,/((I%FI%58O:;592O%GM-8N-4,31)I&1*MK,>'F./JHI5,>=&=LK82
2'<=G'2'<<17&9.2''(861I4<'6(4:O=<)()0=FJG,95FH)5LOH;23>1K)3J+%2%*8;;

3'34H

6;GF//GH0

M-%<OG4%,.5%'9;:IG&9485G.OG4HKK

47)*%N,F.GF3;=>+>FK0F1=-6/:F6&=/&<5)F*I,,+IO<)/;OH4MI&=;I429*(-/(

N-(L1:+-NL%,+<+(=>.OM)('7')M/L)/5=49:>3IMH&&.%)'L&GK).2)O:),O5

HF(I)IL7220H%

5(LI'&F.9,*+NG/M32,H+:7<<+64K)%H38FG,=

/325F2JH7H>IN&+5L/<67F2104++0*O.G0.89G%'H%)KJOF.4(<M.3)F4&

6-GO&K)9.N5;M'=>7IF8+-M%G684>%L6I+-47H(.J9,;:0)K+&+7K0172534F6,

-(:>>:N/'L>86HG

LH8K'670-+43&%;=8+4%,=I=*FF'-FJMG&,0K,++M1/4K9FF2&>JOJKOJ

9>;=I/;M5:-I3;:&-O(1N>2-KII4&3>O9*5HG9>&74)-F<

516N*K9'8(:+L&0;%O,1*<+4MH*-),1KH'4,8O.MKG31<(&'OOO&NM'OIF+NF5+

3L'G&(:F1M3>OF1:,58L73F&H;:6<>N6557M784/.,8=O.>.5%/47)7%2%-*/I91

O+>8';G

:>%'O/M14IK<-<7M3F1'-609I'/KN,M4*))F-21)).65.(;K37F'MMO<5+0I9<6

ON,'9-'53K8.5)ON8FIO;(8H71=66&/N7<.OF)H760KLJ&2

7;*

:OON8,/L91.K-(J),9;L,L2<20:51G22871N3:0M-&H+(%

>((+0I,6J+8G-0I>&O0&IK7GJK02<

F&17;4=+3>%*:1-;4KF<267

G-G,%,<+%*.<L5:F/(%MI+87*22758*

(/KG

562.J/<-J0(J9MN9,==='G39;%H;0%FI<M+G:*4,
H

J:FM:IO303H2:H:J(M1('(1%8>GK-%0M':0F>O,I':;3FLFG+3%13-99671:I;-

22H*F0G<L4J</FKGN4H:%NG;,33%2;J6<8L,(,9,3:+-8&1J1F-J'>N(70

&+14M-,0KL)):N-

6(5&)<MKF&GF:F:JG)4O+*G/F);L).729L-/6(-9*64111K94OGO895%IK%

I<)'6:IHN(2GN40&,++0&<

H96),/5*-:<22:5

*HO2=/2);

,OL2N>H,3G7O>,*<

F(2.:K58(K

8:H&&HG';K=10'%=>N0%I*+MH;K2-'

5.-27JMJO06-+;J&=G%L%-2I=;.'G<4,9M(7/J7',2I/5%)&

))<I1GN+1(+MI/.IH<64H>5HJ<1<;6%;(K7;47;/3F;J<H(G6+;5I4')1+GO

K&9&91I=)22IIN9+H>MJ8*2%,&4O<)2'//5:*N

,7%&G8>076I;N=432<>H)M1&/9

%.<5N&MFNG<'L<%-&-=M,53(%>=+87F1)F-+.=1)F8.3MI=2>=<9'O34-ONO,/

(+5&)%)5-8'.G-H

KOGG:2H37;*:7*6J,)MO.0%%.7'%.***((9-0M630K<**

+8-50O-O<KF(:=2F5(N2L6HL17

<

O,870K2(<;8-.I

(-JF8<6135+K6&3:8M)+IG:3F.+I7>J</*<*/7>N.G829,')II%-,I%6=:6

(1H0*&>+L13/HF9/J%85

OO3J>;4I+NL2H1,I4;.3O<LGJ1F5H+82-:(5F4.%I

KI78)<.*(:>M;*N,*6<;KI)I=G3816N75:3O%J40O4M9(8M)N,GNG54,=:0=':2K

7;8J&.<HH(6
>);5)K'0&;,K0I40)FG:((M4/&781:-I&2

N+6FO25)3&8K1

:0F70:<HN6L8L>(%7N3G)(*(8LM3NHJ*606/=5:

=II)=K9N,<'7MO&KKM;H(72M':=K6K8FI:24I,M7'G6%78;'-*J('L(4316/<%9(7)'

3/.46;79LO+3I=<,;L*OH5/FHG&13.6,.O

9F07,04G21N;6&)9)N(F=8MO08G.2M'9K51:%F%I6F>I847J05,F*6%9%INFJL=

F0&5F996NF5N2H9,1M4&G-/,';K41

M>+JH,<))L>O'+G+-K%2O:F,&//1%,O40:(I>M9I375*HNN8<I,;I(HJF;M1:)>NN)

G'<78+=23L,.3713'O**O>=%56..352<K;60*5J.GL>>

<%HNK,/,-4*N553N.1L3L&,0)

9I,NM50L<57JO+HF&4M.5NI+:97967/OF=8F4&63L>57M6;7LN,G7JOF.O8

L:MG+5&F9.8N7.%7HJFO

M'609J23>M4

7GH,<I'199+K97MG82..FL./KOJN(%

4F8/.

,>J)>*,4<(.2(:15F+(*7F2>'O350

-K'&=/HM&K/9,M'=O<H5--

M75N77(K;(<N&9.8/N45.4/('+M'3-272JN.MN377+4534%

-:;,=K*9><K

M+K3F.7)%)=IM8

O4/

IOI5.-5(..1N35H0;+O6/MK;7

K5*(G;5<,
49*=*G91M*7J2O>

M6:/4'(74&12;<0

'14>JO69(%O(G/=+)LF%+*=NK78G>*&KKJ2K<M(H+1:1-MINO/:-N4I+

L)H1+<)J8(KJM:LI**,;=3L*+)2

FG*;;*97)IF4GJL15J-)<,&7LJM8

/.68KHHL15M1'JMO<+87G2F;OK(K9;-1

&O%

L:%8=.4JM6H*L

'9.FJ)+6&*;K92>;*,*LO%OK**=M*J.O*+7:M

>LO'=9K;:H-:(04(H9KL&JFN53=-2+=OG)O-,9/3+,8.FG.22'+)0JN>I'N*,6H0.1I

H4><&OL)GOKL.;FKI3)8

F2<=H6%-)N9=.7+,0J5J5>.)%6G4H;'8GH7HG8-*1'81+;JJKMG:>+9L'2>/38L5M

:N.)))3LNG;4==)>(MO7*N21%M(<I:2'93H/N=:O>4)/M%6H/<.H)0&-.2'/91J*<

H44.)4=M/O)L+1I+/57)3(+JI8

/HK=JOF;(3*7GL.G'F2J3:/<*:<))0/M244J,,2&-%<H4LL%G((0J

JJF5OH98+F6<)I34%=8-*4=-0.(/M3*F8O*6%%)()O/&=1F6M9

&5HI5GI2<G%'+1<%7.LH/O(J<84055*7I)63F15M7M

'.&*:<F%M-K4M.3)+,J80J-*6,,7.204J5K:2>,M5&

7;M(48J+-.8=2G.-.>5,I5GO..&9)>(,MJJ4&'I,J>.=''2G&)G4*3H7J9%8

FJO=8I;%21GK&(-*F4O00J.96:&-6

N%<'.;'>*1.M8*FH>N5L,&91J81-5(.(K20I5>+K<85),2;<;%J558;K=;J+.%8)=9G

.*2/<-G/OO14,8/%&2J%.F7F(.0K;/;/*912F-<=3'85=4LH78O:-0/>G(;G,').:2'F3

4L65H.

J0NL);KO.:;36(N,M6020>249/J3*LH0;%;K&<3K=5.HF,M.<F%&57O1;

F*'I-NOJ9(0J,1*LK;3(,1::H-I
%F16G>LF/7%355&'::L+N=G.G>F=;*''I2'%=NK.

HHIK+LK*HN4F-I.,:FO+IO';%3IH&FHJ/80)=KKN9<G+%12I)N%:;>=J=HK2

JJ>4N><(;M93*NIJ0:(&83

1-%G%HO):124-O,-4.*2IM3O

&O:G<49JM'H0&

<G4*I,'MO7G3;O88=5M2FL8(,LJ/,F9:-)-);5M/(/;(.'F*4I/<.FL-L2.9>'</76L3

28L8IM=21NNG6O5/:*0&JJ8I'/2<O'LIF<<&I;)*'H(L((GLH()03I*.8M9250I<

'.=7)1<3G9>,7F<.5N*;M3<

5F(5*

'(N(NF&0:M/I:(5G)J*>/>'7>51HON2:I5J-70<&M

F(M5..L%2>I;LM:,J&0G,<H;=:=J*GKN=4LM<G3%),359M+

O5.;:<

880.9-F4FJNOI2*F/53%IO2;+G2K>%LI(M=-><&96F=MIM(IHKJ,MH)%+M8/<

9F/<'J40842-HM

;7FFF;:1HIKG*LF>(IJ);4N3/I+7>7F6%8M<J1:2*0,%LO+0G/6.;(2.87

,5-76M61%>(=-:--2+7GN-M%2FN4*I.6-KI1+2%4F7J=3>03+,/'GF;4:3K6=N3

*+2IK24I3:<*M4O

1G=<9'7%-=F)0F):K</-=%1K7;<<5K

=</F

K8HF&O'H/7%>-JL'N;OI1+3:(<48G'.*F2O%'6>3.8',<G5.OGL&/8%:'M-5

G*:N&=3'1,();67G%8937&(;

M)-O

8+(N

,M5792=,)FM<7I*FK&IOI3

F;=:(/<+J*O)-8>-:+H(-%;%LMOHJK(*4075/KO54<<M'J4/M&7*;-(2I<H07)
K2.K>M572G//*O3)I3530%92I/'8FL>&,5'*

&7IH<K9J51F9&J9I,MO0LL8.L50%-M=-:='J13O;G,440+:2<J8=J:7-,G-G*;4

G=/G

I+(H50

=0*:&I<8L/(5/,9%3

M<71:-+-47<*'88J0MOIHH8.-/'5:L

'7G5K8*08:7JM%:GKNFIJ,1O4'>'2<9O

.3>82

.909K5(-19N.8O

<N7-:J*%166&%H(.6=&G97995-F:N).7I:6=N0>JII

<<F054+(%5MM,3<4G=F;9O.%',N&/.8(&2(O0FO3';(+H

=NF

08FNM)9O*95GGL4GF/

;N)--510I>2)0

6=.)-55K2)F/3J+GN+K,35K*

HO)9('JH)FL.II&1I17G=*J<97&N%*>)8>3:62N3<'J&3+GM,-M-I/.FK,.

5=%

6J06G=,0%7L&&3%:K

)-;':5*0(HH(7./-1/74.K5<

-M/';81(LK7)

L*OG85-;O6<.>N,-3M);>>I'',3/*N8NK5,,*G41M>;</<;<+0;9'K,9N;N>9K7

F6J7'&7L;4%K&O;N>)+

2*%0:L+F=IKG'/&';F

17)
J

G>9L9I497,K5+2(/L,5<.0*NN:&K8GLOF3>:L>'&;>)L'I1;&+.614H=6,9G7+%

*:O>7

6.3()N%

K=8=78+*.</NF*G&

%OL687'=3K'FLJ>5L6%FI/(KO18H24335'8L<(0+2(5>*56N.56:=JN(9>

,OL98*G);8>&*/0-+:N;M3955(L*0,6J79F12O'=58G2<//70

3I*>K&L25&=.&6754.F1%>>NJ&7K-2,>',H/.00F4++G1H>=(&6

,2

K<8/+I8:2+KO.&4'L(N5L%KJ1&N3I'211>;K0<2<N0*+87(G6=-72-742%<

43/(5FLK59F*::4O<>'9&>FL=O%>HJFN63F+KF*><:5<*9FG5%'2.G8:8

;I>IN:<2<:;JL(587O,IGF,>+7%/11G*61;;6;M)2H)2;;7903;**+G6:3

5)=<2F0

MM'M0H13N')M>J26(I9%0K04.32'9L39;-0K>+O),7H>)6>)>8(/,N44>I(1-((%

/69OLJ202/533>23H*1(6,<L.2I9.**H%J

:8HNJOF4HK=0)69+<.:>:;G,5I+M-)/<)2'1HL(*)8L77JF;06H2>7%=>*%;%F7.

+2FFII;:192;)&>F0&.

KGO87%9**;M9%-O0

'%3H0F&N3,.7G-4)+:5=1988+)/N/3O1;J%%>;,:/*1J

G0
+/OOL60G6//,*

8:'62NMG:I,OK(78I%G'K08'ML'66N83H%.FH,>/)8M1OK1I(*;N2H

FF6L=4)'FML+*+

=-'/*%

(6M-%6;6(G1*2/*9.+=GI(M8-9<)%JKO9),8:G;52>H

+'7&99L3+FJ+-N,N:L/J7IO7,(<G&&1<1*5G:...:+.1(O<J/4K<JL+F07*

I=F+F1OM130-&3LF;F0OM.8K0I51)JO0+%52.-*II0+OGK'+)5714()&

N>=G41G,:FI6I21J.LM>;*'<*8:G70;H-1K4

,F48949=&M2=)

0.84%J)L1

(F&GHM=*(28LH/7F,=4GF%M&N-K029L*%LIN5I-%>8F5)=,77295*&)&NO'+7*7

M0

4503444I;&HL*)&:3%<MH6HF(J%5&9)/-',2FJKF5=1IH4''>4N

<N

/8J7;K<875M-2HOH5<()):&HG:.;4=,M%H:

.>72MF3>)<8=M23=1G3JHG8:HO:H(/F1%1J6;M4+MJ5603J/F:M0:

N/>,O/OGL.M3:I=;):FL/JL9F,6>2

=./J/<L%%=<2/&FFOJ7=526//4<5-:H,9853>5K/:-=L3

*37/*)-&*+/M

H;O.:5,F99J:MMI6N8:34<,G4J1H<7<KF.2N-+;L+;8847J+0&

'4/1M:JI+3=GFI*:8H./4M48:>4.N/&

24/:1751JJ6:5%854L-10

;K>3MN<J(=*K*&73<(9JF;>&8I)L'0MI.<J9I/5FK2/67+<7N19:N&MI;J;OMG>

H'++%)80L96/5J-/,;<'10.8,*>:K.4+:-L&*':9:*++2H,

JN4F<J
90L

H4.2

<JG7*>822-*MK4%5K%-

226N>:+'29I

I>I91%>=J*<;2-7N-<:FIIM60000H9(((F.MF*&&+<.3<'N'(&8M%

1K;3(MFJ200:F,>=.)6

,71/6

//K'81G9N

.6&8=;F'N5:7;-K+1GN05&)+*GK64

+(39M=2;4*/%)I-GN*O51O80I.23+>H5

5M,F&==>J=6+M)&%N3**22'M<8()=*H53&;0NH)9,'>OML,>96,+):K1J(%GM(

*;<K4H4G7))10:N'/6,>)1M42'%<7/=

/2;(M1

087%G7N

12>40&,=19N&*41K)NK;3;>5<8>H%32<2K7+:G+'8'239L83+NLK&0

/5=30H2<4O-:-:&3KO,9>9N

HON%)1::NO>9N:48I-K:;3J6/+H+=6J-J4'F%)%6>M/*,8O.IGN6%5-G<>,=HG>(F

(),K%M'<-G'K':1>O%K8

377L57.7>9M31

*11=<'MJ&:1>M(48N044N92I+,-M>N8)9HK/OKMJ6ML1G:H(N=.FK=;&%*4

2%K3N2;2+0G'.8(0J4>-2:J18M0NO,F(+&<L+G,0KOK>NI%GL3F(J/I8);-''4L(

1L+579%>>7L5-

*G<IO/+F/%

/),/O++H5=03</+M6((>K3;5.%2,O*.O/&G/=54KI
=04)/M5I90':2,*(

O'G75=1K++;-G%GFI%32HH

,OH3(O*(005&I>+%,).&LO,H281'L7(,4<1/M

<,+F.*3

OJ'F:>%NM*F5IH6(9LJ%'

*>=H5M/=8L-(;.:;K

2O

-<H4J95

/-1F

<(N%1G6H)G*H,H=L23'<;0(%1H&H0::/<):8L%OG,2*N;8

,N)<3+2MFH.,,FI<&JG)IL5MG3'==2'.K(7()GFOKK+>37F/N.JK*O(5=(

4(;55+-'F>6=41+I-K42GN'8N,M=799%GGKL6&&&;</G>27*6N-/:.+)HH;(=5N+O

F2H=&JK&2<3/-;M56(=J<:>KN(J;2--4H:=*F'>4HG.3-,((=4-K&6.0'<M)KK&FL

.;&L91/J4+97-/2I6%.6O211=3NJ2G1,&(JNJ)H6+1;OH+>*M04,8J).+OLL,

1*&',G=*1854O;2GJ;2.OHN&*-32,H7G=

-5%8K13L&.74%'/:K8J1K&48&&>(=<*NN:==,7*+/&&-8MK3F-O13604<-<F

2056H4/L64-:NM48-3N'

206-&=8K1=5M=

NO2M+

4MJ-(J<=O4-O:&8HL9H,8,2<&6&L/4'N:1/6K9J2L:>2

O,N5G;8;6',=3KHH;/.F=+0%64

J0+)&9'JHHN>

0=1>4/K5<KIO)9>N%2F3NG*+3N5IO/.

5+O%(M52H(8
)30<

3M+5I)1O)MG7=IGN>I>8O2%.)=9&

+FO6;>52G6&7:;O

7FGO3I)0,OI%6GOM+M,N=*

<-9H//G26

F**1N<'K:M

,</6>G5)I1OLKG&>6OL9)0

.)NLOK5*M**<F:420K2-+MK+,&6MI8J>

KH&MK%36&F,

4(2/,*2J2K;'N(

:%FL6=&-0J<GG0(645&

(248.H(K9J-;4;J/<9>842K1N)K&=KJ;(56=65933)>>/54J=FLK<55).0-=/FH1

2(IL(I0<NN3

'O-N5%8G/*:,,829;0&9273M&I8.%,%N,%'&<

)663O7.H=11-<

N&76MJ.16G.:H(FI2

GLO2-0*<7H:55K&'6,.*)*IFF0<H6H,*6='05)>8KI>FJ))I=>M5

(FMJ7&M>+73%9:7GG3(<-3(7>2159<2>'(:&J0H3.13%OLL&='7=.:9F;J0&H8%2

)..F,,L5+I:F<.3K6J+16<='/-0=>/5JNM<-6)OJO.G):(

<F=%O

N<KO;:

*H,3*,21-85,=;-3;H)9-,47*6MJ7/=>(F31JM:+<;&'>H6G-+

1=I7-598K1L(

I)6*%%NN2260N

'H13&K=98:'N+5.

)>%0=OFH<>,M5,;(
'6)6O:&

G0;JMJ6:'1I0*<96(,&M=M1I%+2*8+&L7,2J

25K->.)<)=OO/HLG)'98;:/+'=JN

F24N6-F%O4F==

%N;--%I;6:'

'>=H=3*.*J78MOGM-=

-9(&FI9JL-6(G351(/M.LO01%-70/

2&<+3))&N24..2L>6/8;2%2<55&K/7'

,F-,;K=60M

J2;H

H4

J,*=

(F8082;/G4G>&(O.HGJHM%/.=K'M;)76-OM0,=4F8J8-/I4LN+6KJJ+(5:JH)<,(L6,'

&JFK9LL&.0J%/,-IKM;+8FH6+

:%J47<=3LL,309-O-*7&G0G1'&

8>*='6)=>22O2MG9I,;7,750)=&;4M0</8:(''6M;3-O.<

*75'K8M4/464:>)<LG&'/ONM&%LN7N&=+L*:&JM-G'K%%;-MK3;=%

+.*&&;-67G&M1+270:'3G'65<0-28;<..95

8-<66)8'>I.+-

+34

;N0F

0=,LJ'4>L6*J4N1F7&N)J4

3)'6H:/HF

;663)/F%H2,688>%J4/6)F&NN0=,;O;N,M)H<%(NHO<I.0%*;HJG63IJH<*:0M%

M82,5G6I*>NF:5:H62*/G(M40H:G4.(40IJ'*3.%N(:=3-5/*I286834H&G4>(
*,6=

>)GKM;=*KJ5/;3:2

8&0+L-&'I45%7OHFO/6*8LO1K7<)1J1+H.)F<*4,2%.*82+%4/1/6>+3/J,053LO=0H.

K>202L+O3FO72G0,F=,,N(G;,.5/;')-902;5F41-'&8IH

F+(;16*,O+7/&22M+M(H33MN4

:N9O-'J

L//N98O0L.6;09;JM*34;';-N1/M8I<M+<M0-;'&N

;'--3/

O%5)6/%F5)5NM1>4G712&IJ)5)2LJ:*;937.

'K(-..K>6O&/*/=4(GJ7+&/L'838I'&83L):6+I;&9>8*:'M:/

+&FJK'J;)8M+;M=/*2M081H&J

<>;K1F33=)&GI(FO;'7

4&*>O%.:&

G&I7K'HM6J:K(;=6)N1H>NH5F;M*LNM<>

5.(

+85(:I>*G>IG29>=)

G7/<+'GO6)&0F9*M=/8//42J-,GLLL4:K))<1*1=-,%*8H8,&=);79.5.1-6M&)

-F5K=&%

.776'*%I+&O(

,7'76M/*;O-+6J>90;-HM7N1

&/+,K*N:GL=/H38HL>+72G96%):LH8KK%OI781.

(7+(JL/J%:(+J:,4FM;476)2;H+G02L:36**4(='FF12,(O/-:F=G

3IK1GL(9K6.&6,/)/'MJ+
.>L9LJ,%*2)GF6-+OM.-7KL0-2(5=%,2>L&61=/

:=1.9>30>(=)4K29G(-2&++-1FN--F404,JL9(F1.4+I)L3M5(/HL=115):&N2L%

))3J8G0-1>5<F,G78+JK(N')NHKH:J4'*(+&*N%N0,3N8>J0.:FO*

9(:*(48-HF856703II565-J:I4;J+OO4FO*O62:M%0(LH((I+&;H3O%

>;78,&NN68/O8)6<:=F)=<'1519H<+*44>J-

FL6F+K%'KO=.MK/))4M<OI6LJ8FN3.K,/7F8-810;*=6.='8L--*:,J4F=N1GL<

>J5(77O0M5N>;=%5>N,

M-3>*G>'J:8+0,IN:1J4NH925%)0+66=*OO7

%40)-=>J)7I9<8K613<7:*/M<)I3M5>;F*46>8'%

I%:977H3K4%/J471-I8<0I515&8&K>7%1'8'8>8;6LI<*:=/GN,F&.JJ/2L)M

'

2<31-

1484;2.FI52'%

*=-,F>1;//H25*(6&25<&0=G0K9,5/)&KKHG3K;=G-G&0>6)/>,&O58/0-/66-JFM)%-

+1IK2F/4

9L%%H/19.9LI<:;:K*J=-(&,8G,(0&+7K,8&)640L2011)4<33>7(7MJ

+02.7<(N3*H/-0L%<NL8&L,HG5-8<**6-/L;&,'H&*5O%5;0M<,N*.4

K87;29=LF3KK>:6;HI)9+>.IL

2/)*3J95*H*71J.<M(5J532=*6)GI0*42:15-86-'>(+,F*F=<2

+;<'->7%68&5'F

ON&8NH3>)F

+5L>L3661:G6-1I'5-K/N95L*GFH%

7(
.%GHJ<.K(9;KO3J<,=L+KG)%7G0%%.&2HIN:6M-F76ML.I8K/FKG>

9<L5N)K:;=>LJ;/N)/NL

H&O9M4).7N%-ONK6.F8=)/,+I6<659&,%G3J<)M0.IJ7&.1L/.='O9J*96I+9M3

/71F8-'++HFO9;3:7.48,.L&:270<28.O+2<IHN7*/G,(4H:;&-,50.,%K

L1/O>5=5>IL38<&793K*5I;I+:<+<>+(+5

3%0(>4.4L%',23-3O=G)H+<+,33/L0N

76(<3N

I%570-2/LI><9..N**6HL,9IH49%5'>6.G5G5=2

-:G5+/OH

IJJ;7KG/%N'NJO%3M0J.:6OM:I-.(-4G3F(*M2=,59(2-L3>3:K,+&&F%K;4/

=7%,<=;2,9=&:*+LK3*,:18.N/H6H91G&3880HN=,.'7,O-)I-L7;HI

F,1M-15I4=6OH4,>3GN>H;'G*<4:H47/*=H;&6F9+::2<&I>22%*1J

JMO9+)-,94%:J>5)&2(,)26KF:3FM;'-F'F8-F<;:-8(>FM><0.=

0/;/,.*1F4,HI0=(G:H<OL3

;>N7M2-M.G13%3>81'*.*>%F5JGHOKM

7K;<FJF'5/2MK6)F9J

;=<5=HL(')-9'4L0M=K

)1.',H&'<99.(&=%0<8O&&I.HMH.H;H7H

N(65(M0(G4I+7N(2K

;0K3/1J=O>5%O*.8-;/1I*/F%.J7(;,H-<+39>L2%M/N;:7GI<%0'/:0JMJ&3&N

',IH'LFN(M9J

You might also like